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Financings

Cambria Gold to issue 1.42M shares to settle interest

By The Northwire Desk — AI Analysis Apr 02, 2026 · 17:38 CAMB · 1.45 Cambria Gold Mines Inc.
CAMB · Price

Executive Summary

  • Cambria Gold Mines Inc. intends to settle $1,748,417.95 in quarterly interest owed to lender Nebari by issuing 1,420,711 common shares.
  • The settlement is calculated at a deemed price of $1.231 per share and covers the interest period from January 1, 2026, to March 31, 2026.
  • The transaction is governed by the company's amended facility and cost overrun agreements with Nebari and remains subject to TSX Venture Exchange approval.

Key Details

  • Interest Amount Settled: $1,748,417.95
  • Settlement Period: January 1, 2026 – March 31, 2026
  • Shares to be Issued: 1,420,711 common shares
  • Deemed Price Per Share: $1.231
  • Lender/Creditor: Nebari Natural Resources Credit Fund II LP and Nebari Gold Fund 1 LP (arm's-length creditor)
  • Governing Agreements: Second amended and restated facility agreement and third amended and restated cost overrun agreement (COF), both dated December 30, 2025
  • Regulatory Status: Subject to approval of the TSX Venture Exchange
  • Calculation Basis: Interest calculated in accordance with rates specified in the COF and convertible facilities
Read the original news release →

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